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20121201
20121231
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CNBC 11
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English 11
Search Results 0 to 10 of about 11
CNBC
Dec 26, 2012 6:00am EST
the president's going to be flying back from vacation in hawaii today. a lot of people making something of that. i don't know what it means ultimately. >> well, one thing it means -- >> a show of something. >> if i had to get back from hawaii at a minute's notice, you know what it would be. the president will have an easier time of it, i think. right? >> i noticed a couple of news reports saying the cost of the last-minute flight is about $250 -- >> he's the president, he's allowed. he's not going to be like in -- you know, transferring in san francisco or l.a. or something. and hoping that flight isn't -- i think he can just sort of -- >> the good news. >> he can probably work on the way back. >> yeah. no -- >> at his desk or do what, you know, whatever. he may be able to play sports. there's no basketball court on air force one. right? or putting green? >> no. but i think that -- they might have an xbox or something. >> yeah, if we play virtual golf or -- hoops or something. all right. >>> as for the markets, stocks turning in double digit gains in 2013. nine of the 10 s&p sectors looked in p
CNBC
Dec 24, 2012 6:00am EST
, they talked very nicely to one of the passengers, probably offered him, i don't know what, flights to hawaii or something, just to accommodate me in first class. >> you automatically get up graded now? i mean, do you have to pay for first class? or is it all coach -- >> i buy first class because it's important for me to be comfortable with all the flying i do. like i said, people say oh, how can you do it? i fly first class, and united, by the way, they have cnbc, "squawk box," on the flight this morning. >> they do. >> yes, they do. quite a few flights that show your show. >> what do you mean you fly first class? you don't pay first class? >> i negotiate a rate because of the extreme amount of travel i do. >> does anyone really pay those first -- i mean -- >> people do. >> not as much. they -- obviously upgrades is a very popular commodity -- >> upgrade frequent flyers? >> you can upgrade with miles. you can copay. there's a lot of different ways to upgrade. the average flyer kind of ge gets -- kind of has been spoiled through, you know, before united went bankrupt -- >> spoiled? i don't th
CNBC
Dec 26, 2012 9:00am EST
. on to the fiscal cliff this morning. the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with him. or perhaps if he wants to visit with anybody else. the consensus seems to be if you get some sort of a deal, it's obviously not going to be the big deal. it will simply be something that extends the tax cuts for the vast majority of americans, at least those earning less than $250,000 a year. the consensus seems to be, carl, that if we don't get a deal by the second or third or fourth week, the super bowl week, we'll start to feel it in the economy. >> we had a notable sell-off. there is typically a bias on christmas eve, but the worst christmas eve performance for t
CNBC
Dec 27, 2012 6:00am EST
in hawaii. the senate is coming back. the house of representatives meanwhile is going to hold a conference call for all republicans later on today. but it's not clear that all these folks, including the president, are going to have much to do when they do come back to town. there's no deal pending on the table here on the fiscal cliff and we're creeping up here on new year's eve. and then yesterday, as you just mentioned, treasury secretary tim geithner really upped the ante in dramatic stakes in the fiscal cliff end game by saying that the united states is going to hit its borrowing limit on monday. now he said the treasury can put in place some extraordinary measures and it has some wiggle room there but he said that the doubt and uncertainty over the fiscal cliff really clouds the prospect of exactly when the united states is going to hit its debt ceiling, statutory borrowing limit. so, that all adds a whole element of drama to all this. and it's really not clear, guys, at this point, how this thing is going to get resolved. but the house has said that it would like the senate now to go
CNBC
Dec 13, 2012 7:00pm EST
think that we're getting down to the wire here. president obama doesn't want to cancel his hawaii vacation, and harry reid's threatening to keep congress in session, again, for the third year, fourth year in a row. that could have been one of the things they talked about. but at this point, i'm not quite sure if boehner can really get a deeper spending cut deal. i think the most he's going to be able to get is a promise. >> keith boykin, the other thing when i was down in washington yesterday, on the phone with all these guys, is that basically the republicans are going to cave in. basically they're going to cut their losses. basically it's a strategic retreat, that's what i call it, and they will give the president, they will give him his middle class tax cuts, or extended tax cuts and the top rates are going up. now, what the gop gets in return for that i do not know. but i see a cave-in, keith. >> i think you're right. they have no choice, larry. i mean, there's no leverage. the tax rates are going to expire on december 31st, so on january 1st, regardless of whether they do not
CNBC
Dec 17, 2012 7:00pm EST
continues to fester. >>> also, senator daniel inouye of hawaii passed away this afternoon at age 88. inouye was a senator for 50 years. he was a world war ii hero as well. inouye was awarded the medal of honor for actions he took in italy in 1945 as a member of the legendary 442 combat team composed entirely of japanese americans. may senator inouye rest in peace. >>> now back to some stock market work. stocks continue to discount a fiscal cliff solution of some kind. as i've suggested, they're reacting positively. how about a little optimism on that story? up next, some optimism. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? come pre-filled with problems. enough is enough. intro
CNBC
Dec 10, 2012 1:00pm EST
the most category? taking into account mortgage size and income. borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two states have huge foreclosure backlogs. they need brisk buy flg order to eat up that distress. we want to keep that in perspective. people say taking away this deduction will raise home prices and drop purchasing power. but we have to remember that the interest deduction is used by 27% of borrowers. what is interesting is that older americans are getting hit with it more because they usually would move out of their large homes by now and they today stay in place because they weren't able to sell during the housing crash. guys? >> diana, d
CNBC
Dec 6, 2012 6:00am EST
and local taxes. hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had seen the line of buss that basically was a wall of about 60 buses, they get precedence to go in, and then like 16 other lanes getting down to one to go into the tunnel, and you're just sitting there, like no within in the world does this. >> i got stuck in a broken down truck in the holland tunnel last night. it's amazing how fast they get that truck up and out. >> they better because there are fumes and everything else. but if you try to go from pasadena at the wrong time in l.a., it's three hours. in other news out of the financial services industry, jpmorgan is naming co-chief control officers the new positions ar
CNBC
Dec 10, 2012 9:00am EST
saved on at least $2,000 with this deduction. on the flip side, borrowers in washington, d.c., hawaii and california, they're getting the biggest tax benefit in the $3,000 to $4,000 range. new york and new jersey are also way up there, thanks to high home values and income. and i'm noting them because these two states need home buyers, desperately. they have some of the biggest backlogs of distressed properties and need buyers in there absorbing that distress. taking away the deduction takes away one more reason to buy. $2,000 to $5,000 a year is a big savings. but we have to keep this in perspective. you only get the deduction if you itemize an only about one-third of americans do itemize. just 27% taking the deduction. and i want to note one other thing, older americans, 54% of families ages 55 to 64 are carrying mortgage debt. that's way up from 37% in 1989, because during the housing crash they were unable to move. so that's going to hit them hard as well. especially for the next several years. melissa? >> some very interesting figures. diana, thanks for that report. back at headq
CNBC
Dec 18, 2012 6:00am EST
is confirming that it has plans for a sed set country in india. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset managements. really, leo? do you oversee $178 billion? >> i have a lot of help, swroe. >> that sounds like you would have a lot more wrinkles and look a lot more haggard if you had that responsibility. if we get a cliff deal which is looking closer, are our problems over in terms of this sort of market that's been stuck in the mud for a decade, do you think? >> i think a lot depends on time frame, but no is the short answer to your question. i think, you know, markets being discounting mechanisms, i think it's very unlikely that here in the short-term, we get the type o
CNBC
Dec 24, 2012 9:00am EST
of minutes. in the meantime -- >> they are gentlemen. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to make some kind of a move. >> the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody. but i'm not in the majority in the united states senat
Search Results 0 to 10 of about 11